Tag: Alliance Select

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Alliance Select reports cyber incident, contains risks

Communications & Technology Context.ph Context.ph -
Alliance Select Foods International Inc. disclosed a cybersecurity incident affecting certain information technology systems at its General Santos facility, prompting containment measures and an ongoing investigation.

Alliance Select hits 5-year high in revenue

Corporate Context.ph Context.ph -
Listed seafood processor Alliance Select Foods International, Inc. reported a net revenue of USD72.5 million in 2024, up 28 percent from the previous year and the company’s highest topline since 2019. 

Alliance Select 1Q net income surges

Corporate Context.ph Context.ph -
Alliance Select Foods International Inc. reported a net income of USD215,000 for the first quarter, more than triple the USD67,400 compared to the same period in 2024. 

Alliance Select posts loss despite revenue growth

Corporate Context.ph Context.ph -
Alliance Select Foods International, Inc. posted a net loss of USD 3.0 million in 2024 as impairment charges on certain assets offset gains from improved production efficiency and stronger sales.

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Central banks must adopt for AI era— BSP chief

Banking & Insurance 0
Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

Corporate 0
STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Corporate 0
Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

Energy & Mining 0
The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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